In Colombia, accounting processes have evolved in response to global trends, which is why this article will present the impacts of the implementation of IFRS in organizations, having as a reference the Empresa de ServiciosPúblicos de Ocaña S.A., hereinafter ESPO. S.A. This article is made up of five sections, namely, firstly, it exposes the reader of the situation in context, secondly, the theoretical framework of IFRS is presented; thirdly, the methodological framework is presented; the fourth section is dedicated to the results in which the most significant aspects of the implementation of IFRS in the study company will be detailed and finally the conclusions are drawn up as a final section.